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but as low-wage workers take to the streets it looking more like one america with two economies. i'm christine romans. this is "your money." america on track to create nearby 2.3 million jobs this year. but the quality of those jobs could spark the beginning of a 21st century labor movement. fast food workers protesting in 100 cities across the country this week. they're calling for a living wage, $15 an hour. they are not alone in their call for better pay.
but as low-wage workers take to the streets it looking more like one america with two economies. i'm christine romans. this is "your money." america on track to create nearby 2.3 million jobs this year. but the quality of those jobs could spark the beginning of a 21st century labor movement. fast food workers protesting in 100 cities across the country this week. they're calling for a living wage, $15 an hour. they are not alone in their call for better pay.
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thanks to the latest news about the economy, and jobs in america. we learned today that last month's 203,000 new jobs were created, better than experts predicted. and look at the unemployment rate. down to 7%. and that's the lowest level since president obama took office, the lowest unemployment rate now in five years. >>> on the subject of jobs, our made in america team is back tonight. and thousands of you have already told us, you are in, and ready to buy american made gifts. it's this christmas season. what a gift to give. even just one thing could help create thousands of new jobs right here at home. you are signing up to give american workers a merry christmas, and abc's anchor david muir, captain of the team with us tonight. >> diane, we have reported on clothing right here, asking the simple question is anything made here in america any more. well, tonight not only are these jeans made here, this number right here is about to reveal everything. right down to the farmer, who grew the cotton. this week, our kickoff, made in america december to
thanks to the latest news about the economy, and jobs in america. we learned today that last month's 203,000 new jobs were created, better than experts predicted. and look at the unemployment rate. down to 7%. and that's the lowest level since president obama took office, the lowest unemployment rate now in five years. >>> on the subject of jobs, our made in america team is back tonight. and thousands of you have already told us, you are in, and ready to buy american made gifts. it's...
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we got to put more money into the economy. the infrastructure jobs are fine. the way to get it working again is to lower taxes. increase domestic energy production and that policy could really be revamped. it's really a shame. workers are poised to create a lot of new jobs. they have the capital to do so. the number one reason they're not doing it is because of the obama care mess. they'll have a wait and see attitude, see if they'll add workers full time or hire new workers and actually quite the opposite, laying people off and keeping them below full time until this obama care problem is solved. >> i'm going to give you a moment to respond there. let me jump in there. where rick leaves off. of course we know a steady climb in employment is better than being stagnant. apart from what rick is considering obama care as a blocker, what would you say are some of the blockers that are preventing more robust job growth to the point where we have that happy days are here feeling that permeates the air? >> i don't think obama care is the thing that is doing it becaus
we got to put more money into the economy. the infrastructure jobs are fine. the way to get it working again is to lower taxes. increase domestic energy production and that policy could really be revamped. it's really a shame. workers are poised to create a lot of new jobs. they have the capital to do so. the number one reason they're not doing it is because of the obama care mess. they'll have a wait and see attitude, see if they'll add workers full time or hire new workers and actually quite...
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> welcome back, in "crime and punishment" a story that boggles the mind. we hear about people that go to prison and end up on death row but what about the prosecutors put them behind bars with sloppy work or worse? prosecutors in this country are above prosecution, even when they knowingly with hold evidence just to get a conviction. this hasn't happened just once, it's still happening in case after case. randi kaye investigates. >> reporter: in may 1999 john thompson was just weeks away from his execution at the louisiana state penitentiary. this is his signed death warrant. so you may be wondering, what is he doing talking to me at his office in new orleans? did you think you would die on death row? >> i knew i was going to die. i didn't have anything else to say. even executed, i didn't see no one leaving off death row for sure. >> reporter: how john thompson survived is complicated to see the least. it would be more than a decade before he learn
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> welcome back, in "crime and punishment" a story that boggles the mind. we hear about people that go to prison and end up on death row but what about the prosecutors put them behind bars with sloppy work or worse? prosecutors in this country are above prosecution, even when they knowingly with hold evidence just to get a conviction. this hasn't...
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. >> weather may cold but the economy seems to be warming up. labor department november jobs report shows the unemployment rate dipped to 7% down from october 7.3 percent. employers added 2 $3,000 jobs. as we knowy explains that report was just washington wall street needed. >> stock finished the day up big. dow gained 200 points after the labor department released jobs report. unemployment rate dropped 3/10s lowest in 5 years. >> nobody who works on the issues in the administration is satisfied even with the steady progress that we have been making and prostive news today. >>reporter: employers added more than 200,000 jobs in november. better than what economist had expected. almost a quarter of them in high paying industries like construction and manufacturing. the september october numbers were also revised 0to show more growth. stock market reacted favorably amist believe there could be some down days ahead if the federal reserve taper the economic stimulus program when it meets later this month. >> stimulus is grit for stock and belief is w
. >> weather may cold but the economy seems to be warming up. labor department november jobs report shows the unemployment rate dipped to 7% down from october 7.3 percent. employers added 2 $3,000 jobs. as we knowy explains that report was just washington wall street needed. >> stock finished the day up big. dow gained 200 points after the labor department released jobs report. unemployment rate dropped 3/10s lowest in 5 years. >> nobody who works on the issues in the...
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wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. . >>> nelson mandela's compassion, hum humanity, humility touches millions all over the world. peter turnley was there the day mandela was released from prison more than 20 years ago. he described the moments that followed in his own words. >> nelson mandela's example, his courage, his determination, his dignity, his forward thinking of conciliation, of forgiveness and of love for all is something that has touched so many people and it has been something that has brought people towards him and brought people together. on the morning of february 11th, 1990 i was with a group of photographers. we had gotten to the prison very early that morning. at one point in the early afternoon, i will never forget suddenly about five helicopters began to descend right over the back of this prison and suddenly there were screams that came in all directions of excitement. and i knew that something very important was about to happen. i
wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. . >>> nelson mandela's compassion, hum humanity, humility touches millions all over the world. peter turnley was there the day mandela was released from prison more than 20 years ago. he described the moments that followed in his own words. >> nelson mandela's example, his courage, his determination, his dignity, his forward...
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Dec 4, 2013
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the economy expanding menu opened the doors to women with enthusiasm may bring the country. i'm not that the mention of growth. you've got to sit down and his hero and i knew no english eighteen teams and it seems the distance may seem an unlikely match here in japan it's proving to be a winning combination. elderly enjoy getting into t mean i get the offense and scoring points when it comes to health. elderly people getting doing so is the workout. do you believe the gop. and. in trade since you to texas to use movements every tuesday and the enemy the bamboo groves. here's reach their goal the game still grates with that. it was due to recent homes use this team. he was eighth in video games. i interrupt exercising in twenty ten zero the game creator. he lead to months of research is computer graphics design excuse to university. get the video games have an addictive element to it we can effectively incorporate that into the exercises totally people can stop the duties of a physical workouts they might otherwise avoid. the game records each clears results in the cart and t
the economy expanding menu opened the doors to women with enthusiasm may bring the country. i'm not that the mention of growth. you've got to sit down and his hero and i knew no english eighteen teams and it seems the distance may seem an unlikely match here in japan it's proving to be a winning combination. elderly enjoy getting into t mean i get the offense and scoring points when it comes to health. elderly people getting doing so is the workout. do you believe the gop. and. in trade since...
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only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> some say president obama who revved up a democratic crowd today that called for lifting up the poor and raising the minimum wage, jim acosta watched it today. >> just as the president is trying to fiction the obama care brand, he is working on the obama brand. it is not just obama care. >>> president obama was on a mission to fire up his base. >> he laid out a decidedly progressive second term agenda. calling for a raise in the money mum wage from $7.25 to $10 an hour. he casted republicans as a scrouge if they stand in the way. >> it will happen if congress does not act before they leave on their holiday vacation. >> sources leaked out new enrollment numbers, some $29,000 signing up in the first two days in december. republicans argue that's not fast enough to enroll the millions of americans who have seen their policies cancel. >> what will these patients and families do when they show up at the hospital or need to reorder a life saving prescription on new year's day
only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> some say president obama who revved up a democratic crowd today that called for lifting up the poor and raising the minimum wage, jim acosta watched it today. >> just as the president is trying to fiction the obama care brand, he is working on the obama brand. it is not just obama care. >>> president obama was on a mission to fire up his base. >> he laid out a decidedly progressive...
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it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans are focusing on obama care. >> families who work hard and play by the rules deserve some basic choices, fairness and relief. that's why the house has passed legislation to delay the individual mandate for all americans and let you keep the plan you like. these proposals are among the dozens of jobs bill awaiting action in the democratic-run senate. >>> good news on the jobs front. 203,000 jobs were added in november, and the unemployment rate dropped to a five-year low of 7%. kristen welker, good saturday morning to you. what's the white house's take on the latest numbers? >> alex, good morning to you. the white house certainly touting the fact that the unemployment rate at its lowest level in five years. also highlighting the fact that a lot of this job gr
it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans are focusing on obama care. >> families who work hard and play by the rules deserve some basic choices, fairness and relief. that's why the house has passed legislation to delay the individual mandate for all americans...
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Dec 7, 2013
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. >> it hurt the economy. >> economy is moving in the right and any sort of shutdown or shake, the uncertainty in washington is what is damaging the economy right now. off theey take budget table temporarily, what is as his domestic priorities? >> he has to did all of his attention into writing the health care ship. this is his legacy-defining item. numbers arent looking pretty good but that is in the front and. enrollment is a lot different than actually getting the 7 million people that they need signed up and having purchased health care. they are focusing big on colleges, on getting the word out to be able to get the young uninsured signed up to balance out that risk pool. >> i am not in that risk pool. if they are going punt on entitlements and taxes, which they're going to do, they will not do it next year either, are they? >> i am starting to believe that none of that can happen meaning structural changes to entitlements until we have another election or some kind of big economic shock that forces these lawmakers to come together. of these is a big part problem but the senate is becomin
. >> it hurt the economy. >> economy is moving in the right and any sort of shutdown or shake, the uncertainty in washington is what is damaging the economy right now. off theey take budget table temporarily, what is as his domestic priorities? >> he has to did all of his attention into writing the health care ship. this is his legacy-defining item. numbers arent looking pretty good but that is in the front and. enrollment is a lot different than actually getting the 7 million...
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the economy's picking up. you can actually handle these cots to some extent without leading to layoffs. at this point, it would do -- let's say oil prices when they went from $40 a barrel to $150 before the recession. prices go up ultimately. walmart doesn't make enough profits to give everybody a $6 raise across the hour. there's not enough profits there. they're going to pass on the cost. so ultimately this is all going to be paid for by the consumer. the margin won't even change that much at a walmart. you're going to see mcdonald's get rid of the dollar menu is what's going to happen. is that a better scenario? it might be. that urconsumers have to pay mo and buy less. but that's what the result is going to be. >> tracy. >> if you go through the payroll cost increases, how do you offset it, if you're not selling more burgerings. i don't care that the economy's turning around, people are still struggling. if you don't bring in more revenue, you offset the payroll cost. people who own the place are going to
the economy's picking up. you can actually handle these cots to some extent without leading to layoffs. at this point, it would do -- let's say oil prices when they went from $40 a barrel to $150 before the recession. prices go up ultimately. walmart doesn't make enough profits to give everybody a $6 raise across the hour. there's not enough profits there. they're going to pass on the cost. so ultimately this is all going to be paid for by the consumer. the margin won't even change that much at...
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john worked to open up north korea's economy in two thousand and two eleven economic delegation to south korea. but he fell from grace in two thousand and three observers thought he'd been dismissed his whereabouts were not reported again until two thousand and six it became john eales death in two thousand and eleven china is why i supported the young successor john was given the task of meeting chinese leaders last year the report of a possible reshuffle and kill again raises plenty of questions return to north korea expert ha jin look for answers. he's a senior research fellow at the korea institute for national unification the team. it's shocking to me because you don't come from things and more than them but we both parties and town center was about to make her all consuming the two thousand and eight when king john who is in its proper happen. so i think a note on baby up with her toys started to turn from k and joe and his baby acne but his lawyer told it to happen because you don't. chinchilla i'm sure you don't put the pulp is two three of us can one not so good even shocking be
john worked to open up north korea's economy in two thousand and two eleven economic delegation to south korea. but he fell from grace in two thousand and three observers thought he'd been dismissed his whereabouts were not reported again until two thousand and six it became john eales death in two thousand and eleven china is why i supported the young successor john was given the task of meeting chinese leaders last year the report of a possible reshuffle and kill again raises plenty of...
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that the economy is improving, 39% believe the country is still in a downturn. and then when you break it apart by age. >> right. >> 34% of people under 50 say we're still headed in a downturn. 45% of people over 50 say we're headed in a downturn. let's start with you, amy. why are people not feeling these good numbers? and why are older americans feeling them worse? i mean, why is it a worse experience for them? >> the generational question is an interesting one, when you consider that young people have been having such a tough time finding jobs in an anemic job market for the past five years. but as to why so many americans feel like the economy is going in the wrong direction is because of five years of experience. now, while these numbers should make us cautiously optimistic, gdp growth was 3.6%, but that's still very slow. we've had one of the slowest, worst economic recoveries in american history, and i think people are really feeling that, and i think maria couldwell. the economic uncertainty, if you're 50, you're thinking about the retirement, what will
that the economy is improving, 39% believe the country is still in a downturn. and then when you break it apart by age. >> right. >> 34% of people under 50 say we're still headed in a downturn. 45% of people over 50 say we're headed in a downturn. let's start with you, amy. why are people not feeling these good numbers? and why are older americans feeling them worse? i mean, why is it a worse experience for them? >> the generational question is an interesting one, when you...
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. >> it hurt the economy. >> the economy is moving in the right direction and any sort of shutdown or shake, the uncertainty in washington is what is damaging the economy right now. >> as they take budget off the table temporarily, what is obama doing as his domestic priorities? >> he has to devote all of his attention into righting the healthcare ship. this is his legacy-defining item. the enrollment numbers are looking pretty good but that is in the front end. enrollment is a lot different than actually getting the 7 million people that they need signed up and having purchased health care. they are focusing big on colleges, on getting the word out to be able to get the young uninsured signed up to balance out that risk pool. >> i am not in that risk pool. if they are going punt on entitlements and taxes, which they're going to do, they will not do it next year either, are they? >> i am starting to believe that none of that can happen meaning structural changes to entitlements until we have another big election or some kind of big economic shock that forces these lawmakers to come to
. >> it hurt the economy. >> the economy is moving in the right direction and any sort of shutdown or shake, the uncertainty in washington is what is damaging the economy right now. >> as they take budget off the table temporarily, what is obama doing as his domestic priorities? >> he has to devote all of his attention into righting the healthcare ship. this is his legacy-defining item. the enrollment numbers are looking pretty good but that is in the front end....
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this is fascism, an economy that's supposedly privately owned but in reality, completely controlled, manipulated and as michelle said subsidized by government. we have billions of taxpayer dollars going to those -- i thought they were evil. they were supposedly evil. >> they are. >> the insurance companies to offset their losses, to share in their profits, subsidies for them and the unions get a free pass. this is obama's animal farm. >> when we were researching the story we pulled up that video tape of president obama and guess how he ended that sentence again, period. no more taxpayer funded bailouts, period. michelle, help me out here. >> what bothers me is that it seems every morning when we wake up there is a new fix to the law or we learn about this little known provision that they snuck in. this is providing this president with a blank check to the u.s. treasury for him to basically save him from the mess that he's in that day. every day there is something new. why not scrap the entire thing and start over again? >> there should be a fix when it's necessary. that's how effecti
this is fascism, an economy that's supposedly privately owned but in reality, completely controlled, manipulated and as michelle said subsidized by government. we have billions of taxpayer dollars going to those -- i thought they were evil. they were supposedly evil. >> they are. >> the insurance companies to offset their losses, to share in their profits, subsidies for them and the unions get a free pass. this is obama's animal farm. >> when we were researching the story we...
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this on worries that the fed will stop pumping money in the economy sooner rather than later. it affects bond rates, stock indices, they are also reacting to friday's unexpected unemployment news. it was biggy, 203,000 jobs added in november. the dow soared nearly 200 points. bob redell is going to give us a report about how several high tech companies are banding together to demand an end to the whole sale spying on american citizens. this comes as yet another report breaks that the nsa may have infiltrated video games. the guardian reports secret memos unearthed by edward snowden shows u.s. spies played world of war craft in order to recruit tech friendly players. the idea perhaps being these tech friendly players would help the nsa crack into their own company. the memo says the nsa was looking to see if al qaeda, seriously, was using online games to communicate. they did not find any al qaeda members in world of war. >> interesting. >> my son may be eligible for a summer job with these people. >> look at the requirements. >> time to check the forecast now with meteorologis
this on worries that the fed will stop pumping money in the economy sooner rather than later. it affects bond rates, stock indices, they are also reacting to friday's unexpected unemployment news. it was biggy, 203,000 jobs added in november. the dow soared nearly 200 points. bob redell is going to give us a report about how several high tech companies are banding together to demand an end to the whole sale spying on american citizens. this comes as yet another report breaks that the nsa may...
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Dec 8, 2013
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the global economy. it is so great people you need is a milestone for the wto. it marks the organization's first global trade deal since its creation in nineteen ninety five for the first time in our history the wto has truly the limit the deal will lower trade barriers and speed up the passage of goods through customs. most importantly its terms apply not just to reach industrialized states and also the poor developing countries. analysts estimate it could boost the global economy by hundreds of billions of dollars. we have achieved something very significant. people all roam the world will benefit from the beckett who have delivered here today. but some critics say the agreement could prevent or countries from setting their own priority areas like environmental protection workers rights and food security. negotiations dragged into an extra day after last minute legal threats from individual countries. he objected to the removal of a reference to the us trade embargo and india objected to provisions that might stop it from stockpiling subsidized grain to feed f
the global economy. it is so great people you need is a milestone for the wto. it marks the organization's first global trade deal since its creation in nineteen ninety five for the first time in our history the wto has truly the limit the deal will lower trade barriers and speed up the passage of goods through customs. most importantly its terms apply not just to reach industrialized states and also the poor developing countries. analysts estimate it could boost the global economy by hundreds...
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good news for the white house and the economy. we'll see if it sustains into the fourth quarter and next month, and whether the deadline in washington. january the 15th, coming to an agreement. >> despite the economic news, 11 million americans are unemployed. since the recession, women have fared better than men in finding jobs. that's as more and more women are choosing to stay single and financially independent. >> marion luggett got married at 16, left her husband at 19. wanda was married at 17 and divorced later. >> i'm not going to depend on a >> i don't think i would have stepped out boldly or been successful if i had still been married. it's stad -- sad but true. >> these are two reflections of the marriage rate. half a century ago 61% of the population was married. now it's down to 35%. divorce is more common over the same period. from nine divorced women the rate climbs to 21 per thousand. marion and wanda represent the economic disparities. >> they haven't been used in 30-40 years. now they are going be developed into a
good news for the white house and the economy. we'll see if it sustains into the fourth quarter and next month, and whether the deadline in washington. january the 15th, coming to an agreement. >> despite the economic news, 11 million americans are unemployed. since the recession, women have fared better than men in finding jobs. that's as more and more women are choosing to stay single and financially independent. >> marion luggett got married at 16, left her husband at 19. wanda...
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whether it is economy, jobs, protecting the american people from obama care, we have done our work. >> that is true, speaker boehner, the tsa loose change act is not the only thing you passed. there have been some really, really undercover highlights. for instance h.r. 1071, to specify the size of the precious metal coins for the baseball hall of fame. congress has done a very nice thing for one of their retired colleagues. h.r. 22 89d to rename section 219 c of the internal revenue code of 1986 as the kay bailey spousal ira. there is the free to fish act. a bill to prohibit the corps of engineers to take actions to establish a restricted area of public waters down stream of a dam so people can fish at dams without restriction because of treatment. if you detect sarcasm in my voice, it's because i'm frustrated with house republicans. one of the most insidious aspects of a congress that so habitually underperforms, is begin to underperform in imagining what can happen. but i know why the caged bird sings. in the last eight days, this congress could to do a tremendous amount of good for
whether it is economy, jobs, protecting the american people from obama care, we have done our work. >> that is true, speaker boehner, the tsa loose change act is not the only thing you passed. there have been some really, really undercover highlights. for instance h.r. 1071, to specify the size of the precious metal coins for the baseball hall of fame. congress has done a very nice thing for one of their retired colleagues. h.r. 22 89d to rename section 219 c of the internal revenue code...
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Dec 5, 2013
12/13
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central bank meeting of foresight and a lot of focus on what they need to raise rates for the eurozone economy but as i sit here in a mixed up reaction here for the nikkei and the culprits will see how that develops back to life. i mean thanks alot forhat update. all ministers of oil exporting countries have decided to keep their production target unchanged at thirty million barrels a day. they believe oil exports from the brine will not rise sharply even though some sanctions against the country are to be east. oil ministers from opec the organization of petroleum exporting countries meets the decision at a meeting in vienna. crude oil prices remained relatively stable after falling slightly the brief decline was in response to the ron and six willpower is reaching an interim agreement on confronts nuclear program opec oil ministers say they because the current level of oil supy in the market has sufficient. market watchers say oil prices could fall depending on future negotiations over iran's nuclear program. he also see the rising supply of the u s shale gas to the market as pressuring pric
central bank meeting of foresight and a lot of focus on what they need to raise rates for the eurozone economy but as i sit here in a mixed up reaction here for the nikkei and the culprits will see how that develops back to life. i mean thanks alot forhat update. all ministers of oil exporting countries have decided to keep their production target unchanged at thirty million barrels a day. they believe oil exports from the brine will not rise sharply even though some sanctions against the...
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Dec 9, 2013
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it does suggest the economy is flat. respondents to this work in retail, restaurants, as well as other sectors that are sensitive to economic trends. many other respondents said that home appliances and cars are really selling well ahead of the consumption tax hike next april. workers at many factories say they are receiving more orders. we also got news on the index for the business outlook. it rose 0.3 points to 54.8. that makes for the third safe monthly rise. this reflects optimistic views for the year end shopping season. the cabinet office also upgraded its economic assessment. it previously said the economy is recovering steady. many respondents do expect demand to rise ahead of the consumption tax hike but some people are already voicing concern consumption could fall after that. >>> on to the markets now, investors around the world encouraged by chinese trade data. they believe export numbers showed a pickup and the upward momentum is somewhat overshadowed of the fed may scale down its asset buying program. lond
it does suggest the economy is flat. respondents to this work in retail, restaurants, as well as other sectors that are sensitive to economic trends. many other respondents said that home appliances and cars are really selling well ahead of the consumption tax hike next april. workers at many factories say they are receiving more orders. we also got news on the index for the business outlook. it rose 0.3 points to 54.8. that makes for the third safe monthly rise. this reflects optimistic views...
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Dec 9, 2013
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without that, the economy is expected to collapse. that delay is causing fear in the business community. >> if it is not signed people will be panicked and it will affect the economy. people are running away. our businessman are worried. >> as afghans panic and exchange their money for u.s. dollars the afghani is being devalued. in a country where food is imported, prices are going up. >> ordinary markets like this ordinary afghans come to spend their money. most tell us that food prices have gone up. that's because those selling the food here in dollars. the exchange rate here has never been so bad. >> in a few short weeks the price of these sacks of fleur rose 10%. this woman bought one. >> translation: prices are so high. there's less money. people are so poor they can't afford to by anything. >> few have the wealth to worry about money markets. it is quickly affecting things they worry about - putting food on the table. >> a mexican politician is debating a bill ending the conference. if approved it would open up producers to priv
without that, the economy is expected to collapse. that delay is causing fear in the business community. >> if it is not signed people will be panicked and it will affect the economy. people are running away. our businessman are worried. >> as afghans panic and exchange their money for u.s. dollars the afghani is being devalued. in a country where food is imported, prices are going up. >> ordinary markets like this ordinary afghans come to spend their money. most tell us that...
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Dec 7, 2013
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harvard has a higher rate. >> reporter: the economy may not have caught up. in a recent cnn/orc poll only a quarter of the people polled believed the economy was getting better. deb? >> good news, but certainly reason to be cautious. alexandra field, thank you. >>> well, could your job one day be filled by a traveling robot? several big companies are right now working on their robot armies. one of them may even pull up to your house one day in a car that needs no driver. what is tech's next big thing? that is just ahead. [ male announcer ] this store knows how to handle a saturday crowd. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. with 10 standard airbags and an epa-estimated 38 mpg highway, you guys a
harvard has a higher rate. >> reporter: the economy may not have caught up. in a recent cnn/orc poll only a quarter of the people polled believed the economy was getting better. deb? >> good news, but certainly reason to be cautious. alexandra field, thank you. >>> well, could your job one day be filled by a traveling robot? several big companies are right now working on their robot armies. one of them may even pull up to your house one day in a car that needs no driver....
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Dec 6, 2013
12/13
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whether the us the trans pacific partnership with ppp would be beneficial for asia's fourth largest us economy it seems can research fellow at aspen institute for policy studies. joy does not assist the year to help misunderstand the asia pacific trading block welcome to progress to grab me. well korea is already interested in that talks about joining a title a regional trade bloc the rc peek of what makes create interested in the us twenty ppm. old korea has been courted by the us and the ppp partners for quite some time now. the question of will with the polish design korea's court is to tear away you will going pee pee pee and if they thought it will join when it will going. in term of timing on a wide tree is down decided to choose this particular moment. we know about trying it on two cans that are to speak and ppp. and in their announcement in the market this year. coupled with the fact that there are some questions about the quality of our set. and still talks for the cgt if he is close to korea japan fta. so where are courteous and two when the blues were to join ppp bulky bpa is a ver
whether the us the trans pacific partnership with ppp would be beneficial for asia's fourth largest us economy it seems can research fellow at aspen institute for policy studies. joy does not assist the year to help misunderstand the asia pacific trading block welcome to progress to grab me. well korea is already interested in that talks about joining a title a regional trade bloc the rc peek of what makes create interested in the us twenty ppm. old korea has been courted by the us and the ppp...
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Dec 8, 2013
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people of iran are concerned that their economy is in shambles. that puts pressure on the regime to change their behavior. does it put enough pressure to change it to the degree we need? that i remain skeptical of. we have to pursue this path. what is the alternative? the sanctions have not stopped them from moving forward with their nuclear program. if we simply say "we are going to continue harsher sanctions," it is not going to change that equation. we hope it changes it under the pressure. you're asking for a prediction. i am going to remain very skeptical until we see some concrete steps by the iranian people. if you told me two months ago that iran would agree to what they agreed to in regard to stopping development, i would have been skeptical of that, too. they did agree to that. we will see what the future holds. >> does the failure to reach an agreement create war? if in six months we do not reach in agreement on the program, does that set off the fuse toward war? everybody has been beating this drum. president obama threw water on it tw
people of iran are concerned that their economy is in shambles. that puts pressure on the regime to change their behavior. does it put enough pressure to change it to the degree we need? that i remain skeptical of. we have to pursue this path. what is the alternative? the sanctions have not stopped them from moving forward with their nuclear program. if we simply say "we are going to continue harsher sanctions," it is not going to change that equation. we hope it changes it under the...
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Dec 9, 2013
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also, is this economy the best we can do? or can we get a breakout liberating this once again, to be the most dynamic income society in the world. also, are we going to continue to steal from our children and grandchildren, or is it time to get to a balanced budget by changing the government. the other issue is that it is not revel in right now or today and is the current policy of weakness and confusion really very reliable as a national security policy, or is the world dangerous in this way? the nature of the world, you remember that they can get on the front burner all the time. but that should be our national conversation. we should say to every democrat and republican and libertarian and socialists. this is the best that you think that america can do? and let me put it into context. sometimes i am impatient with my friends in washington. the recently the internal revenue service announced that it has spent $4 billion last year on crooks. it has sent that to crooks, refunds for your taxes. when i say the crooks, 585 check
also, is this economy the best we can do? or can we get a breakout liberating this once again, to be the most dynamic income society in the world. also, are we going to continue to steal from our children and grandchildren, or is it time to get to a balanced budget by changing the government. the other issue is that it is not revel in right now or today and is the current policy of weakness and confusion really very reliable as a national security policy, or is the world dangerous in this way?...
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Dec 9, 2013
12/13
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and, more importantly, the long-term uninsured action benefits the economy. it adds $38 billion to the gdp because of multiplier effect of spending. if it is cut off, estimates say you will lose 300,000 jobs in the economy rather than gaining it. this motion going from a year to, going from half a year to a year or maybe a year-and-a-half create as culture of dependency is just ridiculous. what it creates is a culture of people who can actually pay their bills and until they find a job. heather: what about the cost of extending it, katy? that will amount anywhere to 26 and $27 billion? >> right. i think it is really important to point out before we get into the emotional argument of this the taxpayers, the families who are paying for these unemployment benefits, they're also trying to put food on their tables. pay their families, excuse me, taxes come out of their paycheck in order to pay for unemployment benefits. unemployment benefits -- excuse me. excuse me. i didn't interrupt you. you. >> you have been going on for quite a while. >> okay. to finish my poi
and, more importantly, the long-term uninsured action benefits the economy. it adds $38 billion to the gdp because of multiplier effect of spending. if it is cut off, estimates say you will lose 300,000 jobs in the economy rather than gaining it. this motion going from a year to, going from half a year to a year or maybe a year-and-a-half create as culture of dependency is just ridiculous. what it creates is a culture of people who can actually pay their bills and until they find a job....
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Dec 4, 2013
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but the economy is certainly better today than it was in 2009, so -- >> i want to put dollars and cents to this. this is the difference in the cbo projected savings. they're projects $222 billion in a year from medicare and medicaid from this slowing of health care costs. the sequester is $87.9, and the cuts to food stamps is $23.8 billion. >> i have been on twitter all day about this, they can't find a single positive thing to say about the law. literally it could bring people's health care costs down to zero, they could cure cancer, and conservatives would be shouting from the rooftops that it's a disaster. i think this california thing is hysterical. in part because it's the sort of natural conclusion of the republican panic about this. they vote in mass against the law even though it originated in republican ideas. they vote to try to repeal it unsuccessfully. the website they think will sink it, and then they just throw toilet paper at it. >> and in the absence of a website that wasn't malfunctioning, they created their own website to malfunction, right? they weren't served a gift
but the economy is certainly better today than it was in 2009, so -- >> i want to put dollars and cents to this. this is the difference in the cbo projected savings. they're projects $222 billion in a year from medicare and medicaid from this slowing of health care costs. the sequester is $87.9, and the cuts to food stamps is $23.8 billion. >> i have been on twitter all day about this, they can't find a single positive thing to say about the law. literally it could bring people's...
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Dec 3, 2013
12/13
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the measures announced during an economy related ministers meeting on tuesday come as a means to improving two sets of housing policies introduced earlier this year. despite implementation of the policies already in use to finance minister come up with karen the meeting said that the real estate market has failed to enter into a state of full recovery. from there though it's vacations that housing prices are going to try it and there's also an imbalance of supply and demand due to soaring rental security deposits. to counter the lingering uncertainties in that nation's housing market the revised stimulus measures include unifying the types of government backed mortgage loans the government will also allocate eleven trillion won roughly ten billion us dollars for government mortgage loans next year busy as this year's record amount to me. as one single day will run the loan program for home buyers will be able to secure loans at lower interest rates. under the new measures the overall number of so called happy houses which are a form of rental housing will be cut by thirty percent to one hu
the measures announced during an economy related ministers meeting on tuesday come as a means to improving two sets of housing policies introduced earlier this year. despite implementation of the policies already in use to finance minister come up with karen the meeting said that the real estate market has failed to enter into a state of full recovery. from there though it's vacations that housing prices are going to try it and there's also an imbalance of supply and demand due to soaring...
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Dec 9, 2013
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investors willis tune comments from federal reserve officials speaking on the economy. u.s. airways and american airlines are closing their nearly $18 billion merger today, this will create the largest airline. on saturday supreme court justice ruth baders ginsburg. passengers will notice many visible changes to the jets or frequent flyer programs until next year. a group of tech companies calling on president obama and congress to impose strict limits on surveillance. the group which includes google, microsoft, yahoo! and twitter have written a letter calling for an end to mass collection of user information like e-mail and contact lists. the move comes in the wake of the leaks on u.s. spying programs by edward snowden. back to you. >> thanks very much. >> time to check the forecast right now. my mouth still frozen this morning. >> understandable. it's very cold out there. you know what, this has been a prolonged cold spell in the bay area. we're not going to get out of it for a couple days. keep those winter gloves, everything you need handy. 25 in fairfield, 22 very cold
investors willis tune comments from federal reserve officials speaking on the economy. u.s. airways and american airlines are closing their nearly $18 billion merger today, this will create the largest airline. on saturday supreme court justice ruth baders ginsburg. passengers will notice many visible changes to the jets or frequent flyer programs until next year. a group of tech companies calling on president obama and congress to impose strict limits on surveillance. the group which includes...
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Dec 8, 2013
12/13
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wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. when you see disney's rapunzel at walmart, you snag it. mom, you own this season. get the hottest gifts, all backed by our christmas ad match guarantee. rated e10+. walmart. they're made of 88% active ingredients. and the competition clocks in at 13%. so with tide pods, you know what you get, and what you get is an amazing clean. so try tide pods. why? the proof is in the pop. in her favorite color? diamonds that capture her look, her style perfectly. kay jewelers presents the artistry diamonds collection. genuine diamonds, in vivid blues, greens, blacks, yellows and purples. the beauty of genuine diamonds in a palette of colors that express "her" perfectly. at kay, the number one jewelry store in america. artistry diamonds. they're diamonds of a different color. ♪ every kiss begins with kay >>> if you think the weather is bad here across much of the country this morning, be thankful you're not in art art ka where pr
wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. when you see disney's rapunzel at walmart, you snag it. mom, you own this season. get the hottest gifts, all backed by our christmas ad match guarantee. rated e10+. walmart. they're made of 88% active ingredients. and the competition clocks in at 13%. so with tide pods, you know what you get, and what you get is an amazing clean. so try...
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Dec 8, 2013
12/13
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CNNW
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no more stops and starts, the president always gets credit and always gets blame for the economy regardless of how much he's able to turn it one way or the other. >> all right. candy crowley, thank you very much. >> thanks. >> keep it here, everybody, for "state of the union" with candy crowley. starts at the top of the hour right here on cnn. ya know, with new fedex one rate you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. with 7 antioxidants to support cell health. one a day men's 50+. it's time... for aveeno® positively radiant face moisturizer. [ female announcer ] only aveeno® has an active naturals total soy formula that instantly brightens skin. and helps reduce the look of brown spots in just 4 weeks. for healthy radiant skin. try it for a month. then go ahead and try to spot a s
no more stops and starts, the president always gets credit and always gets blame for the economy regardless of how much he's able to turn it one way or the other. >> all right. candy crowley, thank you very much. >> thanks. >> keep it here, everybody, for "state of the union" with candy crowley. starts at the top of the hour right here on cnn. ya know, with new fedex one rate you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's...
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economy and why can you move the tv out here? the wireless receiver. i got that when i switched to u-verse. but why? because it's so much better than cable. it's got more hd channels, more dvr space. yeah, but i mean, how did you know? i researched. no, i-i told you. no. yeah! no. the importan and i got you this visor. you made a visor! yes! that i'll never wear. ohh. [ male announcer ] get u-verse tv for just $19 a month for two years with qualifying bundles. rethink possible. >>> employers added 200,000 people to payrolls driving the unemployment rate down to 7%. that is a five year low and a sign the economy is now beginning to ramp up after the great recession in a long, sluggish recovery. other signs, nearly a quarter of the november job growth came in manufacturing and construction. those are good paying jobs, too. and hourly pay sup. average wage earner making $24.15 per hour, working 34.5 hours per week. down side is that 4 million people have been out of work six months or longer and percentage of adults working or looking for jobs is year low
economy and why can you move the tv out here? the wireless receiver. i got that when i switched to u-verse. but why? because it's so much better than cable. it's got more hd channels, more dvr space. yeah, but i mean, how did you know? i researched. no, i-i told you. no. yeah! no. the importan and i got you this visor. you made a visor! yes! that i'll never wear. ohh. [ male announcer ] get u-verse tv for just $19 a month for two years with qualifying bundles. rethink possible. >>>...
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Dec 10, 2013
12/13
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CNNW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. to help secure retirements and protect financial futures. to help communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better t
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses maestro of project management. baron of the build-out. you need a permit... to be this awesome. and...
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Dec 4, 2013
12/13
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FOXNEWSW
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he was doing the same here on the economy. he got some strong push back today. he said republicans have all kinds of plans to deal with these issues. he goes on almost every other friday night and repeals the bill itself. he signed 7 bills and so he knows the bill won't work. he has to listen what is going on. a new poll came out this week that the more people know the stronger they disapprove of it. another poll republicans are jumping on today is one suggesting that 18 to 29-year-olds are not buying into the law. 56% of them saying that they disapprove of the act. he is trying to get the young healthy people to sign up for this law. they are going to do that in the long run but it is clearly a challenge. ed henry thanks so much. >> pay your fair share and at the same time i found it a bit ironic because in essence it could be the middle class that is getting hit by obama care more than anyone else. this speech sound ed a lot likea speech he gave in kansas. he was hitting on income inequality saying the growing deficit problems according to president obama and
he was doing the same here on the economy. he got some strong push back today. he said republicans have all kinds of plans to deal with these issues. he goes on almost every other friday night and repeals the bill itself. he signed 7 bills and so he knows the bill won't work. he has to listen what is going on. a new poll came out this week that the more people know the stronger they disapprove of it. another poll republicans are jumping on today is one suggesting that 18 to 29-year-olds are not...
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all of the things that we are not doing for our economy. the missing stimulus money, where is all about? the billions and trillions that we are spending on education and not having any effect. in government isn't working. but we don't entrust how to be in a in a new economic society and that scott said, this has been going on for decades. gerri: to your point, income inequality is growing. 1992, the share of income by the top 5% in 2002, comparing and contrasting. that is not a big change. >> i think that the preponderance of evidence is that income is at the top half versus everyone else over the last two decades. whether that's a problem or not, it is completely unclear when you actually read all of the research that is done on it. and the other point i would make is that within the bottom 80%, the vast majority of the american population, income inequality has grown since the 1980s and in a lot of ways, that is the part that maybe we would be worried about. >> let's talk about one thing that has changed. after the 50s and 60s, when we ha
all of the things that we are not doing for our economy. the missing stimulus money, where is all about? the billions and trillions that we are spending on education and not having any effect. in government isn't working. but we don't entrust how to be in a in a new economic society and that scott said, this has been going on for decades. gerri: to your point, income inequality is growing. 1992, the share of income by the top 5% in 2002, comparing and contrasting. that is not a big change....
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Dec 3, 2013
12/13
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CNNW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> tonight, the big "ac360" interview, my candid conversation with earvin magic johnson, it has been 22 years since the basketball great announced he was retiring from the lakers. a lot has changed with the public perception, and i spoke with him about how his announcement helped change people's attitudes about the disease and his own situation. >> it was tough, remember, you didn't even talk openly about hiv and aids. you know, you had to whisper about something like that. then i had to go in front of the world and tell them i had hiv. so you're talking about an emotional roller coaster ride on that day. so it was definitely a hard day. and the unknown. i'm a control freak. i like to control everything. and then i was
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> tonight, the big "ac360" interview, my candid conversation with earvin magic johnson, it has been 22 years since the basketball great...
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Dec 7, 2013
12/13
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CNNW
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." >>> a possible tipping point for the economy. 203,000 jobs created last month. but as low-wage workers take to the streets it looking more like one america with two economies. i'm christine romans. this is "your money." america on track to create nearby 2.3 million jobs this year. but the quality of those jobs could spark the beginning of a 21st century labor movement. fast food workers protesting in 100 cities across the country this week. they're calling for a living wage, $15 an hour. they are not alone in their call for better pay. >> we know there are airport workers and fast food workers and nurse assistants and retail salespeople who work their tails off and are still living at or barely above poverty. >> the president has called for raising the minimum wage to $9 an hour. he also supports a bill in congress to raise it to $10.10 but fast foods workers say $15 an hour the living wage they need. the question, a living wage, who pies? could raising the minimum wage ultimately hurt the very worker rs it's meant to help? it's all in the eye of the beholder. f
." >>> a possible tipping point for the economy. 203,000 jobs created last month. but as low-wage workers take to the streets it looking more like one america with two economies. i'm christine romans. this is "your money." america on track to create nearby 2.3 million jobs this year. but the quality of those jobs could spark the beginning of a 21st century labor movement. fast food workers protesting in 100 cities across the country this week. they're calling for a...
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Dec 7, 2013
12/13
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ALJAZAM
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it will provide a lifeline for a battled ukrainian economy. and a political lifeline for the battled yo ukrainian president. >> trade between china and europe has to travel all of europe. but when it support constructed. ships will be able to go straight to the black sea. that means travel for trade is will be 6,000 kilometers shorter. >> it has been building a profitable business exporting steel and grain providing vital jobs. they've been battling the wind of recession in their world markets and at home. but their special directer is up >> we believe the investment in the port is necessary to match the overall positive trend in these sectors. >> president yanukovych has brought home an important prize which could stop the support in the traditional heartland of his party, and it sends an important message to the european union and moscow, that they are not the only players. >> people around the world are continue to go celebrate the life of former president nelson mandela. this is the scene where he used to live. mourners have been bringing
it will provide a lifeline for a battled ukrainian economy. and a political lifeline for the battled yo ukrainian president. >> trade between china and europe has to travel all of europe. but when it support constructed. ships will be able to go straight to the black sea. that means travel for trade is will be 6,000 kilometers shorter. >> it has been building a profitable business exporting steel and grain providing vital jobs. they've been battling the wind of recession in their...
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Dec 7, 2013
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CNNW
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economy. stocks high, unemployment low, and the economy growing better than anyone expected. zane asher is in new york with what it means and how it all happened. >> reporter: fredricka, it was a big week for the economy. car sales rose, new-home sales roared and the unemployment rate dropped to 7%, the lowest since 2008. and it fell for positive reasons, because people are finding work. earlier this year, the unemployment rate declined because a lot of people got discouraged, gave up looking for work and weren't counted, but the opposite seems to be happening. it's added more jobs since 2005 and the gains are not in low-wage sectors. a lot of hiring in health care, transportation, professional services like accountants and travel agents. wages are also up and americans are working more hours. the list goes on. the report pushed the dow up nearly 200 points friday. wall street is thinking the federal reserve will reduce the stimulus program soon. certainly a sign the economy is ready to stand on its own two feet. but remember, we still haven't gained back all of the jobs we l
economy. stocks high, unemployment low, and the economy growing better than anyone expected. zane asher is in new york with what it means and how it all happened. >> reporter: fredricka, it was a big week for the economy. car sales rose, new-home sales roared and the unemployment rate dropped to 7%, the lowest since 2008. and it fell for positive reasons, because people are finding work. earlier this year, the unemployment rate declined because a lot of people got discouraged, gave up...
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Dec 7, 2013
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ALJAZAM
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economy gained moore jomorejobs than expected. and the gains are wide spread in low and high conditions. it's i something that is key to today's economic news. >> i always kind a reason to find i this report shea shairky. the unemployment rate is down and we have created 200,000 jobs every month but a quarter of the jobs were higher payin paying j6 an hour or more. that is what wei we are concernd about. 1:5 is still low paying. that is part 69 problem. >> of the problem. it's not gang busters and teabs noit'snot a raw numbers thing. sgenerally speaking the qawl quy of jobs is higher. >> at first glance it would appear it's a big deal, but is it? world gets ou obsessed with the unemployment rate. >> i couldn't care less. that number measures a group of people in a changing group of larkehearingerlarger people. i do don't care about that number. more than 150,000 joan because that is the number of more people that come into the work force every month than who retire or pass away. everybodeverything above that i. and those things te
economy gained moore jomorejobs than expected. and the gains are wide spread in low and high conditions. it's i something that is key to today's economic news. >> i always kind a reason to find i this report shea shairky. the unemployment rate is down and we have created 200,000 jobs every month but a quarter of the jobs were higher payin paying j6 an hour or more. that is what wei we are concernd about. 1:5 is still low paying. that is part 69 problem. >> of the problem. it's not...
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Dec 9, 2013
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economy. and already some are reporting their competitors in europe are stealing their business simply because these companies are able to say that they can offer better privacy protections and they don't have to help the sa snoop. microsoft's general counsel wrote in a blog post that customers won't use technology they don't trust. he says the government puts that trust at risk and the government has to help restore it, suzanne. >> evan, thank you so much. a lot of people are just thinking you can't -- there's no guarantee of privacy wherever you are. >> as i said, hardly the nsa but a lot of those companies have been accused of collecting plenty of data about us, as well. >> information. >> it's not the same thing about you. >> not altruistic. >> not at all. an american singer, check this out, not arab, nearly took the top prize in a tv show called "arabs got talent." >> was very good, too. ♪ [ lane ] do you ever feel like you're growing old waiting for your wrinkle cream to work? clinical
economy. and already some are reporting their competitors in europe are stealing their business simply because these companies are able to say that they can offer better privacy protections and they don't have to help the sa snoop. microsoft's general counsel wrote in a blog post that customers won't use technology they don't trust. he says the government puts that trust at risk and the government has to help restore it, suzanne. >> evan, thank you so much. a lot of people are just...
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trade organization has come up with an agreement said to be worth $18 trillion for the international economy. >> it is so agreed. >> the deal was made in bali and indonesia, aimed at increasing global commerce and making it easier for poorer countries to do trade. >> for the first time in our history we have truly delivered. we have achieved something significant. people all around the world will benefit from the package delivered here today. >> here is what is it could mean. it's claimed it will create 21 million jobs, 18 million in developing countries and cut red removing the need for many taxes and bribes. the w.t.o. is trying to remove all subsidies. the deal means that some developing countries can keep them in they are needed to feed the poor. the results are yet to be seen. india is happy it can keep its subsidy. >> i view this as a victory for the farmers of india, for the farmers, for subsistence farmers of the entire developing country. there has also been a coalition of developing countries that along with its partners, with withstood all pressures. demonstrated solidarity and ac
trade organization has come up with an agreement said to be worth $18 trillion for the international economy. >> it is so agreed. >> the deal was made in bali and indonesia, aimed at increasing global commerce and making it easier for poorer countries to do trade. >> for the first time in our history we have truly delivered. we have achieved something significant. people all around the world will benefit from the package delivered here today. >> here is what is it could...